GEOGRAPHICAL PATTERNS OF CULTURAL VALUES, ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT Associate Prof. Riste Temjanovski, PhD Assistant Prof. Tamara Jovanov Marjanova, PhD Faculty of Economics – Stip "Goce Delcev" University – Stip
PAPER STRUCTURE INTRODUCTION GLOBALIZATION AND CULTURAL PATTERN ECONOMIC CIRCUMSTANCES OF GLOBALIZATION CULTURE AS A DRIVER OF ECONOMIC DEVELOPMENT RELATIONSHIP BETWEEN CULTURE AND CREATIVITY GLOBALIZATION AND IMPACTS OF CULTURAL CHANGES TO ECONOMIC DEVELOPMENT CONTRIBUTION OF VARIETY OF CREATIVE CULTURE TO SOCIAL AND ECONOMIC VITALITY CONCLUSION
Central questions to scrutiny The idea and one of the central questions is why exist national and regional disparity geographic pattern Versus cultural, technological and social aspects 3
Central questions to scrutiny MAX WEBER: THE PROTESTANT ETHIC AND SPIRIT OF CAPITALISM - first attempt to identify the constructive elements of the culture of modern economic research DAVID LANDES: THE WEALTH AND POVERY OF NATIONS - illuminates that the success of national economies is driven by cultural factors more than anyting else 4
What Is Globalization? What Are its Manifestations? Greater integration within the world economy via increased openness to: International trade International capital and labor movements International flow of technology International flow of information, knowledge, and ideas (Internet super-highway)
Questions Often Asked in today’s global world Whether the actual distribution of gains is fair? Whether the poor benefit less than proportionately from globalization – and under some circumstances might actually be hurt by it ? The downside of globalization – Who bears most of the costs? Are they borne disproportionately by the developing world and the poor (often unskilled workers) who are more vulnerable ? Whether changes in inequality (both ‘between - countries’ and ‘within - countries’) and the observed poverty dynamics are related to globalization? How to explain economic success of this nation’s miracles or simple the secret is creative entrepreneurships?
2.The Globalization-Openness-Growth- Distribution (Inequality)-Poverty Nexus Growth - + Classical + Globalization Openness Poverty Modern - + + 1. Trade Distribution 2. Capital (Inequality) 3. Labor 4. Technology 5. Knowledge 6. Culture
RELATIONSHIP BETWEEN CULTURE AND CREATIVITY Creativity - A word of multiple definitions which intuitively refers not only to the ability of creating the new, but also to the ability of reinventing, diluting traditional paradigms, uniting apparently disconnected points; Boosting and leading us to finding solutions for new and old problems. In economic terms, creativity is a renewable fuel
Individual vs Group Societal Characteristics Individual Group • Managerial mobility between • Loyality and commitment to companies company • Economic dynamism, innovation • In-depth knowledge of company • Good general skills • Specialist skills • Team work difficult, • Easy to build teams, non-collaborative collaboration • Exposure to different ways of • Emotional identification with doing business group or company • e.g., U.S. companies • e.g., Japanese companies
CULTURE AND CREATIVE ECONOMY Generate new ideas Stimulate innovation CREATIVITY - MENTAL AND SOCIAL PROCESS Fostering competition and knowledge Encourage the action of new producers
GLOBALIZATION AND IMPACTS OF CULTURAL CHANGES TO ECONOMIC DEVELOPMENT Level of Entrepreneurial activity Demography Education Entrepreneurial Entrepreneurial oportunity capacity Economic infrastructure Culture new dimension to + + = Globalization Internet Information technologies the market and operation All three forces boost the innovation change and reshape the economic patterns and consequently strategy to world success
GLOBALIZATION AND IMPACTS OF CULTURAL CHANGES TO ECONOMIC DEVELOPMENT INNOVATION GLOBALIZATI ON GLOBAL MOTIVATION MARKET INFORMATION CULTURE TECHNOLOGIES
Contribution of variety of creative culture to social and economic vitality Technology and Innovation Nationality, tradition Education and and religion Science CREATIVE ECONOMY State regulation Individuality
SUMMARY AND CONCLUSIONS The creative economy comprises multidisciplinary approach dealing with the interface between economics, culture and technology, designed of products and services with creative content, cultural value, and market objectives, which result from a gradual change business success.
SUMMARY AND CONCLUSIONS Economists must follow the "pulsing" of market needs, since each economy is influenced by trends or forces that form the global economy. The central issue today is made, is injecting the best cultural and spirit values into the cells of the individuals, what entrepreneurship theory and practice which has taken as a universal value of each society.
Thank you for your attention Vice Dean Associate Prof. Riste Temjanovski, PhD "Goce Delcev" University – Stip Faculty of Economics – Stip "Krste Misirkov" bb – Stip P.O. box 201 Republic of Macedonia Tel. +38932550335 fax +389 32 39 07 01 Mobil. .+389 75 49 99 91 email riste.temjanovski@ugd.edu.mk http://www.ugd.edu.mk
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